Komainu, a regulated digital asset custody services provider built by institutions for institutions, has closed a USD25 million Series A fundraiser.
This new financing round will expand Komainu’s global presence and accelerate growth plans. The USD25 million Series A was led by Alan Howard of Elwood Asset Management, with additional participation from Galaxy Digital, NOIA Capital and Nomura Research Institute (NRI), each of whom will act as strategic partners to the business.
Komainu was created as a joint venture between global investment bank Nomura, digital asset security firm Ledger, and digital asset investment house CoinShares. All three firms also contributed to this round of financing, reconfirming their commitment to the business. Komainu was established in 2018 to fill a gap in the marketplace and provide institutions with a secure and compliant custody service for investment in digital assets. Launched in June 2020, Komainu currently holds over USD3 billion in assets under custody from asset managers, financial institutions, corporations, and government agencies.
The funds will allow Komainu to expand its custody solution to support additional assets and functionality, grow geographically, and to provide complementary services in the digital asset prime brokerage business. Through these innovations, Komainu will continue to bridge the gap between legacy finance and the growing digital asset class, revolutionising how a technology-oriented custodian integrates into institutional-grade digital asset prime brokerage services.
Komainu President, Henson Orser, says: “Komainu will continue to build the future of digital asset custody, extending beyond simply the storage of assets, to a core strategic pillar of any investment management strategy. We are grateful to the entire Komainu ecosystem – our team, investors, partners, and clients – for sharing our vision and working with us to create a new standard for institutional participation in digital assets.”
Alan Howard co-founder of Brevan Howard and Elwood Asset Management, adds: “With over USD3 billion in assets under custody, Komainu has become one of the leading digital assets custodians globally. I am pleased to support Komainu in its mission to bridge the gap between legacy finance and the digital assets class.”
Steve Ashley, Head of Wholesale, Nomura, says: “Komainu has gone from strength to strength over the past year, capturing growing institutional interest in the digital asset space. These new partners and investors come as Komainu embarks on the next stage of its plan to build a best-in-class digital asset custody platform.”
